PROTECTED SOURCE SCRIPT
1H CPR by AAK
This script plots Central Pivot Range (CPR) + classic pivot support/resistance levels calculated from the previous 1-hour candle.
Most important CPR trading concepts (very brief):
Narrow CPR → trending day expected (breakout more likely)
Wide CPR → range-bound / sideways day more probable
Price above TC → bullish bias (bulls in control)
Price below BC → bearish bias (bears in control)
Price inside CPR → neutral/choppy market
TC & BC act as very strong intraday magnets during most sessions
What this script actually does:
It takes the previous completed 1-hour candle (high, low, close), calculates:
Classic CPR (P, TC, BC)
Standard pivot S1–S3 & R1–R3 levels
…and plots them on any timeframe you use (you see fresh 1H CPR lines even on 5-min, 15-min, etc. charts).
A very popular setup among intraday traders, especially in index futures (Nifty, Bank Nifty, F&O Nifty, and crypto, among others).
Good luck with your trading! 🚀
Most important CPR trading concepts (very brief):
Narrow CPR → trending day expected (breakout more likely)
Wide CPR → range-bound / sideways day more probable
Price above TC → bullish bias (bulls in control)
Price below BC → bearish bias (bears in control)
Price inside CPR → neutral/choppy market
TC & BC act as very strong intraday magnets during most sessions
What this script actually does:
It takes the previous completed 1-hour candle (high, low, close), calculates:
Classic CPR (P, TC, BC)
Standard pivot S1–S3 & R1–R3 levels
…and plots them on any timeframe you use (you see fresh 1H CPR lines even on 5-min, 15-min, etc. charts).
A very popular setup among intraday traders, especially in index futures (Nifty, Bank Nifty, F&O Nifty, and crypto, among others).
Good luck with your trading! 🚀
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.